Sun, Jan 21, 2024
The total loan guarantees extended by the 17 major states to their entities have more than tripled to Rs 9.4 lakh crore as of FY23 from Rs 3 lakh crore in FY17.
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According to international trade experts, if these challenges are prolonged, it will have major implications on global trade.
Fri, Jan 19, 2024
The RBI has announced alternative timings for all the markets regulated by it on January 22, the day the 'Pran Pratishtha' ceremony of the new idol of Ram Lalla at the sanctum sanctorum of the Ram temple is scheduled.
Thu, Feb 10, 2022
While making concluding remarks on RBI Monetary Policy Committee (MPC) announcements, RBI Governor Shaktikanta Das remembered legendary singer Lata Mangeshkar, who passed away recently.
Wed, Feb 09, 2022
RBI Monetary Policy Feb 2022 Announcements, MPC Meeting Outcome: This was the first MPC meeting after presentation of Budget 2022-23 in Parliament on February 1.
Tue, Feb 08, 2022
RBI Monetary Policy Expectations LIVE UPDATES: The Reserve Bank's rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23, inflationary concerns and evolving geo-political situation.
Mon, Feb 07, 2022
Even though there was an announcement of tax on crypto gains, it is still not considered legal in India. Here's why.
India`s central bank is expected to hold its repo rate steady on Thursday but several economists are expecting an increase in the reverse repo rate as part of a process to reduce surplus liquidity poured into markets earlier in the pandemic.
Thu, Feb 03, 2022
The Reserve Bank of India will issue a digital rupee soon. The digital currency by RBI will be based on blockchain technology the tech behind Bitcoin and other popular cyrptocurrencies.
The bank has failed to comply with the requirements of Sections 22(3) (a), 22 (3) (b), 22(3)(c), 22(3) (d) and 22(3)(e) read with Section 56 of the Banking Regulation Act, 1949.
Indian government may reduce its planned record market borrowing of 14.95 trillion rupees ($200 billion) by as much as 600 billion rupees for the next fiscal year, Reuters reported citing two government sources
Mon, Jan 24, 2022
A penalty of Rs 4 lakh has been imposed on The Associate Co-operative Bank Ltd, Surat (Gujarat) for contravention of directions on 'Loans and advances to directors, relatives and firms/concerns in which they are interested', and non-compliance with the Master Directions on KYC
Sat, Jan 22, 2022
Shadow banking players must give utmost importance to protection of customers as it is "non-negotiable" Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao on Friday urged the NBFC sector.
Thu, Jan 20, 2022
Reserve Bank of India (RBI) has simplified rules for the Non Banking Finance Companies or NBFCs. The banking regulator has simplified rules for the factoring business
The scam happens via an e-mail allegedly sent by RBI. The fraud email claims to offer Rs 4 crores 62 lakhs on payment of Rs 12,500.
Wed, Jan 12, 2022
RBI has released the Annual Report of the Ombudsman Schemes for the year 2020-21, which has been prepared for the nine-month period from July 1, 2020, to March 31, 2021, in alignment with the change in the financial year of the RBI from 'July-June' to 'April-March' with effect from July 1, 2020
Tue, Jan 04, 2022
Both the Payment System Operators (PSOs) had authorisation for issuance and operation of prepaid payment instruments.
Withdrawing cash from the bank ATMs has become dearer now. Banks will now be charging Rs 21 from the customers for every transaction made by them beyond the free limit. Source: PTI
Tue, Dec 28, 2021
Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process
Return on assets (RoA) of SCBs improved from 0.2 per cent at end-March 2020 to 0.7 per cent at end-March 2021, aided by stable income and decline in expenditure.
The RBI said the assessment of the systemic impact of climate change on the economy and financial stability is still evolving and so are the responses of central banks and supervisors around the world.
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![RBI inundated with complaints of harsh recovery; protection of customers "non-negotiable", says Deputy RBI Governor M Rajeshwar Rao](http://50342.g72ip.group/sites/default/files/styles/zeebiz_160x90/public/2022/01/22/173487-rbipti-1.jpg?itok=Ww3IbpKH&c=2e9d580825c00dd6294c60f97b86560a "RBI inundated with complaints of harsh recovery; protection of customers "non-negotiable", says Deputy RBI Governor M Rajeshwar Rao")
